(Born July, 31 1912) and he died (November, 16 2006)
Autobiography
He graduated High School in 1928, just before his 16th birthday his father died during his senior year in high school leaving his mother to fend for the family; at a young age he had to find out what it meant to be independent. He was born July 31, 1912, in Brooklyn, N.Y.My parents were born in Carpatho-Rutheniapart of inter-war Czechoslovakia, and, currently, of the Soviet Union. He was awarded a competitive scholarship to Rutgers University.He then graduated from Rutgers in 1932. He specialized in mathematics, intending to become an actuary, taking courses that would have led him to that career, passing several but also failing several. Shortly he became interested in economics, and eventually ended with the equivalent of a major in both fields. He did his graduate work at the University of Chicago at the university of Chicago he began furthering economic research whichintroduced him to the highest scientific standards that were needed to understand the philosophy of economics.And on high marks he got recommendation to the Chicago Economics Department and was offered a tuition scholarship. In summer of 1935 he worked at the National Resources Committee on the design of a large consumer budget study then under way.His next job consisted of the National Bureau of Economic Research which he got in the fall of 1937. He published his first book in 1940; from 1941 to 1943 he worked at the U.S. Treasury Department, working on wartime tax policy, and 1943-45 at Columbia University in a group headed by Harold Hotelling and W. Allen Wallis, working as a mathematical statistician on problems of weapon design, military tactics, and metallurgical experiments.
In 1945, he joined George Stigler at the University of Minnesota, from which he had been on leave. After one year there, he accepted an offer from the University of Chicago to teach economic theory.
Milton Friedman has had many accomplishments throughout his life, from the beginning of his childhood he has been exposed to a lifestyle where he has had to learn to survive by himself. He specialized in Economics.He was recognized for his work by receiving a Noble Memorial Prize in Economics in Sciences.He was one of the most influential people and a leader to the Chicago school of economics which is based at the University of Chicago.He disagreed with the current way our political systems is ran he believed the role of the government should be minimized. They should not have all that power that they possessed. He was an avid public speaker and strongly believed in what he stood for.
His philosphy on life was very distinguish and regonize by many ( as seen in the picture). His economic ideology has hit our generation strongly his opinions on resource wars, global warming, union busting, exploitation of workers, privatization of the public domain, corporate socialism, and environmental degradation. He believed that we have set up an unsustainable economic philosophy that we are govern by today and due to that the future is un certain due to its implications
He does not believe in a minimum wage much less a living wage, unions, worker rights, environmental protections, worker safety, or any other kind of restraint imposed upon corporations. In Friedman view, the market should rule and profitability should be the guiding principle. His overall opinion on the role of the government is that they should be privatized and focuses on profit to the government and making their economic status stronger then and only then we will have a government that will be able to succeed. http://www.youtube.com/watch?v=RWsx1X8PV_A
By: ROCKUEL PHILLIP
(Born July, 31 1912) and he died (November, 16 2006)
Autobiography
He graduated High School in 1928, just before his 16th birthday his father died during his senior year in high school leaving his mother to fend for the family; at a young age he had to find out what it meant to be independent.
He was born July 31, 1912, in Brooklyn, N.Y. My parents were born in Carpatho-Ruthenia part of inter-war Czechoslovakia, and, currently, of the Soviet Union. He was awarded a competitive scholarship to Rutgers University. He then graduated from Rutgers in 1932.
He specialized in mathematics, intending to become an actuary, taking courses that would have led him to that career, passing several but also failing several. Shortly he became interested in economics, and eventually ended with the equivalent of a major in both fields.
He did his graduate work at the University of Chicago at the university of Chicago he began furthering economic research which introduced him to the highest scientific standards that were needed to understand the philosophy of economics. And on high marks he got recommendation to the Chicago Economics Department and was offered a tuition scholarship.
In summer of 1935 he worked at the National Resources Committee on the design of a large consumer budget study then under way. His next job consisted of the National Bureau of Economic Research which he got in the fall of 1937. He published his first book in 1940; from 1941 to 1943 he worked at the U.S. Treasury Department, working on wartime tax policy, and 1943-45 at Columbia University in a group headed by Harold Hotelling and W. Allen Wallis, working as a mathematical statistician on problems of weapon design, military tactics, and metallurgical experiments.
In 1945, he joined George Stigler at the University of Minnesota, from which he had been on leave. After one year there, he accepted an offer from the University of Chicago to teach economic theory.
Milton Friedman has had many accomplishments throughout his life, from the beginning of his childhood he has been exposed to a lifestyle where he has had to learn to survive by himself. He specialized in Economics. He was recognized for his work by receiving a Noble Memorial Prize in Economics in Sciences. He was one of the most influential people and a leader to the Chicago school of economics which is based at the University of Chicago. He disagreed with the current way our political systems is ran he believed the role of the government should be minimized. They should not have all that power that they possessed. He was an avid public speaker and strongly believed in what he stood for.
His philosphy on life was very distinguish and regonize by many ( as seen in the picture). His economic ideology has hit our generation strongly his opinions on resource wars, global warming, union busting, exploitation of workers, privatization of the public domain, corporate socialism, and environmental degradation. He believed that we have set up an unsustainable economic philosophy that we are govern by today and due to that the future is un certain due to its implications
He does not believe in a minimum wage much less a living wage, unions, worker rights, environmental protections, worker safety, or any other kind of restraint imposed upon corporations. In Friedman view, the market should rule and profitability should be the guiding principle. His overall opinion on the role of the government is that they should be privatized and focuses on profit to the government and making their economic status stronger then and only then we will have a government that will be able to succeed.
http://www.youtube.com/watch?v=RWsx1X8PV_A